Replies to post #64112 on California Grapes International, Inc (CAGR)

[Bretwalda]

I might disagree as far as how that would affect cagr, think the middle class may be growing over there and this should be in thought process IMO

[sevenOdouble]

Recession in China?! Come on, their economy may have cooled down a bit, which was their intention to begin with, but every country in the world would be proud to have such a strong numbers. There are plenty of new millionaires, and there are millions upon millions of people who have a higher living standard than they had ten years ago, so whatever happens in China won't affect their ability to buy luxury goods, or serve some California grapes with their dinner. Remember, the Asians are mimicking the Western culture and they copy the exemplary behavior they've seen from the capitalistic world, albeit they have a communistic structure, it won't prevent them from having a delicious bottle of wine to top of a great evening! Cheers & GO CAGR

[chavman]

Not going to happen, china is still very very strong, and they are very smart about the way they handle their GOV.